Hi Rhoda, yes, there are ways you can put down 5% on a conventional loan and avoid paying monthly mortgage insurance. Contact me when its convenient and we can go over the options. djenkins@mcleanmortgage.com www.loansbydarius.com

Greetings Rhoda,Yes, under conventional financing there are several ways to structure your loan to avoid Monthly mortgage Insurance. In certain cases there are also 2-Loan solutions popularly known as 80/15/5. These are not always easy to find but I have closed several successfully.Alternatively, we can structure an lender-paid solution to avoid the PMI Monthly. I would be happy to discuss this with you to determine your goals, and if you'd qualify for any of these various structures.Ron